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CA exec gets 6 years in tomato price-fixing scam


The former owner of a California tomato processing company was sentenced Tuesday to six years in federal prison for engaging in a price-fixing scam that authorities said involved bribing purchasing managers at food giants including Kraft Foods Inc. and Frito-Lay.


Ex-hedge fund manager charged in $250M insider scam

A former hedge fund manager was charged Tuesday in what prosecutors are calling the most lucrative insider trading scheme ever, with ill-gotten gains totaling more than $250 million.


Charity scams claim to aid Sandy victims

Charity scams could be steering relief funds away from Superstorm Sandy victims.


MoneyGram agrees to settle scam charges

MoneyGram says it has agreed to set up a $100 million compensation fund as part of a settlement of government accusations of fraud through money-transfer scams from 2003 to 2009.


Avoid superstorm insurance and repair scams

After the storm comes the rebuilding, and the scammers capitalizing on fear and need. With $20 billion estimated in property damage, demand for clean-up and repair is high, putting anxious homeowners at risk for hard-sell fly-by-night contractors.


FBI warns of online scheme supposedly from FBI

The FBI issued a warning Thursday about a new malware scheme that is meant to deceive and frighten computer users into thinking it's from the law enforcement agency itself. Worse, the malware also tries to immediately extort users into paying a fine online and it can lock your computer


Homeowner scams on the rise, new report shows

The Consumer Federation of America has released its 2011 Consumer Complaint Survey Report, and one of the top five fastest growing consumer complaints is home improvement scams.


Report: Homeless man scammed luxury hotel stays

The station said Price would apparently watch hotel guests leave their rooms before slipping inside and claiming to be the guest, calling the front desk and extending the stay, sometimes by 10 days.


FBI sting nabs about 24 alleged online credit card scammers

Credit Cards

U.S. and international law enforcement officials arrested dozens of suspects around the world in what they called the largest ever such action against online credit card scammers.


DOJ sues AT&T over Nigerian scam

The Justice Department is accusing AT&T of improperly billing a federal subsidy fund for calls made by Nigerian scam artists, in a lawsuit announced today. AT&T allegedly sought reimbursement from the Telecommunications Relay Services Fund for calls it knew were not eligible for the subsidy, particularly from foreign callers who sought to defraud U.S. merchants, according to the Justice Department. The fund is administered by the FCC for “IP Relay” calls, in which hearing-impaired people make telephone calls to hearing people via Internet messages that are facilitated by IP Relay providers.


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